Name: Drooms
Price: 12.9 USD
Author: Drooms

Digital Adoption

Help Desk

Web and Video Conferencing

Customer Support

Bug  Tracking

Software Repositories

Development

Online Proctoring Software

Education

Audit

Business Intelligence (BI)

Collaboration

Enterprise Generative AI

Visual Collaboration

Enterprise

Accounting

Revenue Management

Finance and Accounting

Applicant Tracking

Corporate Learning Management

HR Management

Payroll

Recruitment Automation

Succession Planning

Talent Intelligence

Talent Management

Workforce Analytics

Workforce Management

Human Resources

3D Printers

AIOps

C/C++ Integrated Development Environments

Cloud Storage

Cybersecurity Consulting

Data Center Infrastructure Management

Data Quality

Data Virtualization

Desktop Management

Distributed Denial of Service (DDoS) Protection

Fraud Detection

Hadoop-Related

Hosted Virtual Desktop

Integration Platform as a Service (iPaaS)

MLOps

Managed Public Cloud Infrastructure

Mobile Data Security

Monolithic Frame-based Disk Arrays

Network Performance Monitoring

Process Mining

Relational Databases

Security Awareness Training

Web Access Management

Information Technology

A/B Testing

Ad Serving & Retargeting

All-in-One Marketing

Appointment Scheduling

Consumer Ratings & Reviews

Content Management

Email Marketing

Event Registration

Landing Page

Marketing Automation

Social Media Management

Survey & Forms Building

Web Analytics

Marketing

AI Meeting Assistants

Project Management

Professional Services

Customer Relationship Management (CRM)

Lead Generation Services

Sales

Antivirus

User and Entity Behavior Analytics (UEBA)

Security

Construction Accounting

Hotel Management

Library Management

Mental Health

Multiple Listing Service (MLS)

Pharmacy

Scholarship Management

Telemedicine

Utilities

Vertical-Specific

Find top rated software and services based on in-depth reviews from verified users. 400+ software categories including PaaS, NoSQL, BI, HR, and more.

Datasite Diligence Virtual Data Room

Datasite

Firmex Virtual Data Room

Firmex

SecureDocs, An Onit Product

SecureDocs, An Onit Company

iDeals Virtual Data Rooms

iDeals

ShareVault

Digify

Ansarada

CapLinked

Docully Deals Platform

Docully Innovation Limited

Drooms is a provider of virtual data rooms that offers secure and efficient solutions for document storage, analysis, due diligence, fundraising, and asset lifecycle management. It caters to businesses of all sizes, ranging from small startups to large multinational corporations. Professionals and industries such as real estate, investment banking, legal services, private equity, M&A advisory, fund management, venture capital, and financial advising rely on Drooms for secure document sharing and collaboration.

## Key Features

**Lifecycle Management**: Streamline asset documentation in your organization with centralized storage, customizable folder structures, version control, and an audit trail.

**Document Analysis**: Extract valuable insights from your documents using intelligent search, advanced indexing, categorization, and automated redaction.

**Digitization**: Digitalize the document review process by securely uploading and sharing documents, collaborating with annotation and commenting features, and receiving real-time notifications and alerts.

**Fundraising**: Efficiently manage fund documents and conduct fundraising with secure storage, streamlined document management for investor due diligence, and the ability to track investor engagement.

**Due Diligence**: Conduct proper due diligence for M&A deals by securely sharing confidential documents, utilizing Q&A functionality for efficient communication, and accessing real-time document translation for global deal-making.

**Granular Permissions**: Set user permissions at the document level, controlling access for editing, viewing, printing, and saving specific documents.

**Branding**: Personalize your projects with your company branding, creating a professional and customized appearance.

**Two-Factor Authentication**: Enhance security with two-factor authentication, requiring users to enter a security code sent via SMS.

**Document Viewer**: Easily browse and view all documents in real-time within the data room, facilitating seamless navigation.

**Live Reporting**: Track user actions, monitor document engagement, and export data for analysis with comprehensive reporting capabilities.

Easy to use and navigate: Multiple users have found the Drooms software to be very intuitive and easy to navigate, making it simple for them to use. They appreciate the straightforward settings which contribute to the overall ease of use.

Multi-language document translation: The ability of Drooms software to translate documents in multiple languages, including English, Spanish, German, French, and Italian has been highly valued by several reviewers. This feature provides convenience and flexibility for users who work with international partners or clients.

Efficient customer support: Many users have praised the quick and reliable customer support provided by Drooms. They have found the support service to be efficient, friendly, and helpful whenever they require assistance.

Freezing Issues: Some users have experienced occasional freezing while using Drooms, although it is possible that this may be due to their internet connection.

Non-User Friendly Interface: Several reviewers have mentioned that they found the interface of Drooms to be non-user friendly and felt that some training is required in order to understand it properly.

Ineffective File Searching: Certain file extensions do not work effectively with the file searching feature in Drooms, according to some users. They have expressed frustration with the limited functionality when trying to search for specific files.

Drooms has proven to be an effective solution for various data management needs. Users have praised the tool for maintaining the confidentiality of their data through strict access controls, ensuring that only authorized members can view and interact with sensitive information. With its encryption capabilities, Drooms also simplifies data sharing with customers and suppliers, making it easy to collaborate securely. Users have found the platform to be particularly useful for due diligence projects, as it offers a clear and intuitive interface that facilitates efficient navigation and provides assistance from project managers when needed. Additionally, Drooms serves as a reliable archive, allowing documents to be stored for a minimum of six months, satisfying data storage requirements. 

The product's technical quality has been highly regarded by users who have commended its reliability with no downtime and quick implementation time. Moreover, Drooms is known for its excellent customer service, with customer support representatives receiving praise for their friendliness and prompt assistance. While some users have mentioned that the online environment could be more visually appealing, they have found the overall experience with Drooms to be fast, easy-to-use, and backed by a helpful staff. Users appreciate the accessibility of statistics and the elimination of physical copies and binders that were previously associated with paper data rooms. Overall, Drooms is recommended as a reliable partner that offers top-notch security and support at a reasonable rate.

Basic

Box is an online cloud content management solution that caters to individual users as well as businesses.

Business Starter

Business

Business Plus

Enterprise Plus

Personal

Standard

Advanced

Advanced Data Rooms

Dropbox DocSend

Drooms

A virtual data room provides a digital location to store and share proprietary information with third parties via strictly controlled digital documents protected by limiting and configurable role-based permissions and rules. It can also provide different rule sets for different projects and meetings, providing effective compartmentalization of different meetings and groups controlled by the appropriate rules to the meeting or teams involved.

Virtual Data Room

TrustRadius is a technology and business research firm based in Austin, Texas. The company is known as a review platform for verified B2B technology and software reviews through a proprietary algorithm and human verification.

TrustRadius

Home

Virtual Data Room Software

Drooms

Overview

What is Drooms?